Bitcoin cash has taken down Ethereum by over 8 billion ATM.If it continues the same pace it will take down even Bitcoin.What do you think.Will it take town bitcoin?
nope, never believe that, that pumping action of bch will never replace bitcoin place.
ill change my mind if in the next 24 hours the price double again xD
It actually hit $3000 in the middle of the night. Which is incredible. It's back down again.
Remember that 75% of bitcoincash coins haven't moved. Most people have held onto them and Coinbase hasn't distributed the BCH belonging to their users yet.
It's possible that some of the holders of BCH will be tempted to sell at these prices, so I expect a drift downwards. (Note the miners can't sell their newly minted coins till they have 100 confirmations).